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Parkmobile Integrates PayPal as Payment Option

ATLANTA, Nov. 7, 2012 /PRNewswire via COMTEX/ --
Parkmobile, the leading provider of mobile payment solutions to municipalities and parking providers around the world, announced today that its mobile payment for parking program just got smarter and easier. PayPal as a payment option will be rolled out across the Parkmobile footprint, initially in 20 cities across the U.S.

"We are extremely excited to announce our relationship with PayPal. With their more than 117 million active users worldwide, they are widely recognized as a leader in mobile payment technology and innovative payment services. By integrating them as a new payment method we are further optimizing our solution and creating an even better user experience, "said Albert Bogaard, CEO of Parkmobile USA, Inc.

To use Parkmobile's service, parkers register for free by setting up an on-line account at www.parkmobile.com, or download the mobile app. Once registered, members can use the mobile app, the internet, or a toll free number to pay for parking. Members can select PayPal as a payment method via their online account at www.parkmobile.com or from their mobile app (available for iPhone & Android), through which they can initiate and manage their parking payments.

"At PayPal, we look to forge relationships with innovative companies that are bringing services to consumers to make their everyday lives easier," said Randall Davies, Head of Global Business Development at PayPal. "Parkmobile's mobile parking solutions do just that, and now Parkmobile members will be able to pay with PayPal, making it even easier, more secure and faster to pay for parking."
About ParkmobileParkmobile is the leading global provider of seamlessly integrated end-to-end solutions for mobile payments, parking guidance using business analytics and parking. Its offerings include mobile payments for on and off-street parking, digital parking permits, real-time enforcement and a seamless transit experience. Their services are used in 350 cities around the world by millions of registered users. Parkmobile USA was founded in Atlanta, Georgia and its call center, engineering team and corporate headquarters are located in the U.S. Parkmobile's investors include BCD Holdings and Fontinalis Partners. With annual global revenues of $22.1 billion, BCD Holdings is an international market leader in the corporate and online travel, and off-airport and mobile parking industry. Fontinalis Partners invests in and partners with innovative technology companies that modernize and improve transportation. Fontinalis is led by Bill Ford, a lifelong environmentalist and the executive chairman of Ford Motor Company. For more information please visit www.parkmobile.com, facebook.com/ParkmobileUSA or on Twitter @Parkmobile.

About PayPalPayPal is the faster, safer way to pay and get paid online. The service allows people to send payments without sharing financial information, with the flexibility to pay using their account balances, bank accounts (where available), credit and debit cards in various markets. PayPal is an eBay (Nasdaq: EBAY) company and enables global e-commerce with over 117 million active accounts in 190 markets and 25 currencies around the world. PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore. More information about the company can be found at https://www.paypal.com.